Apple's Stock May Rise 50% On IPhone Program: Barron's

By Victor ReklaitisMarketWatch Pulse

Shares in Apple Inc. "could soar 50% in the coming year" thanks in large part to the tech giant's new plan to lease iPhones and offer annual upgrades, says a story in the past weekend's edition of Barron's. "The leasing program attacks the primary bear case on Apple--slowing iPhone growth," the Barron's story adds. Shares in Apple were up 0.5% in thin premarket trading early Monday.

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